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Jeremy Hutton: Milford Asset Management expert on Infratil's shares going up following data centre deal
Published 1 month, 3 weeks ago
Description
CDC Data Centres – half owned by infrastructure investor Infratil – says it has secured the largest data centre contract in Australia’s history, a 555 megawatt deal that takes its total contracted capacity to over one gigawatt.
The 30-year contract is with an as-yet-unidentified United States high-end investment-grade customer and is inclusive of renewal options of up to 20 years.
Milford Asset Management's Jeremy Hutton explained further.
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